49th.
Economic Outlook Rank Vermont is currently ranked 49th in the United States for its economic outlook.
Contents
Is Vermont a wealthy state?
Vermont has the twenty-fifth-highest per capita income in the United States of America, at $20,625 (2000). Its personal per capita income is $30,740 (2003).
Where does Vermont rank in poverty?
States, federal district, and territories
| Rank | State | Supplemental Poverty Measure (2017–2019 average) (Geographically Adjusted) |
|---|---|---|
| 15 | Vermont | 9.4% |
| 16 | Wisconsin | 7.5% |
| 17 | North Dakota | 9.3% |
| 18 | Rhode Island | 7.3% |
How wealthy is Vermont?
At $35 billion, Vermont has the smallest economy in the U.S. Its five-year average unemployment rate of 2.9% was the fourth lowest among states, but Vermont suffers from business costs that are 12% above the national average.
What is Vermont’s state ranking?
Vermont Business Magazine Washington is the Best State in the country, according to the 2021 US News Best States rankings. Vermont was 11th overall, down from number 5 in 2019.
#11 Overall Rank.
| Health Care | #18 |
|---|---|
| Infrastructure | #12 |
| Opportunity | #17 |
| Fiscal Stability | #37 |
| Crime & Corrections | #3 |
Is it expensive to live in Vermont?
You may be surprised to learn housing costs in Vermont are relatively affordable. Not only is Vermont housing affordable compared to its expensive east coast neighbors, but the Green Mountain State even falls below the national average. Overall, Vermont housing costs are 11.5% cheaper than the national average.
Is Vermont economy good?
Economic Outlook Rank
Vermont is currently ranked 49th in the United States for its economic outlook.Vermont is currently ranked 49th in the United States for its economic outlook. This is a forward-looking forecast based on the state’s standing (equal-weighted average) in 15 important state policy variables.
Is Vermont a good state to live?
One of the Safest States in America – Vermont has such low crime rates; it’s consistently at the top of the charts for safety. This makes it a great place for families, retirees and pretty much anyone looking for a secure and safe place to live.
Where does Vermont rank in cost of living?
Our cost of living indices are based on a US average of 100. An amount below 100 means Vermont is cheaper than the US average.
Vermont cost of living is 95.2.
| COST OF LIVING | Vermont | United States |
|---|---|---|
| Overall | 95.2 | 100 |
| Grocery | 106.7 | 100 |
| Health | 107.7 | 100 |
| Housing | 88.5 | 100 |
How do Vermont schools rank nationally?
This week the site released its 2014 list of States with the Best and Worst School Systems, and Vermont ranked third in the country behind New Jersey and Massachusetts. New Hampshire ranked fourth and New York came in 20th. The District of Columbia was at the bottom of the list.
Do any billionaires live in Vermont?
Forbes report: Vermont is one of six states with no billionaires.
What is the main source of income in Vermont?
Its main sources of income are private health care, hotels and ski resorts, law firms and repair shops. Ranking in second place is the finance, insurance and real estate services group based on the buying and selling of homes, particularly vacation homes. The state’s major financial center is Burlington.
How many millionaires live in Vermont?
This is a list of U.S. states and federal district by the number of households with more than $1 million in investable assets as of 2020 (data for the year 2019).
List.
| Rank | 50 |
|---|---|
| State | Vermont |
| Number of millionaire households | 16,411 |
| Share of millionaire households | 6.29% |
Why Vermont is the best state?
Vermont not only has breathtakingly picturesque landscapes and endless scenic places to explore, but the state also has exceptional food, safe cities, great schools, and down-to-earth people.
What is Vermont best known for?
Vermont is known for foods like Vermont cheddar cheese, maple syrup and the ever-popular Ben and Jerry’s ice cream. It is also home to many farms, artisan foods, fresh produce, wineries and breweries.
Where does Vermont rank in population?
States Ranked by Population
| Rank | State | Population |
|---|---|---|
| 47 | North Dakota | 779,094 |
| 48 | Alaska | 733,391 |
| 49 | Washington, D.C. | 689,545 |
| 50 | Vermont | 643,077 |
What is a good salary in Vermont?
Average Salary in Vermont
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $89,368 | $43 |
| 75th Percentile | $73,481 | $35 |
| Average | $61,581 | $30 |
| 25th Percentile | $49,152 | $24 |
Is it worth moving to Vermont?
Our state has access to pristine and natural areas and parks, organic and healthy food, environmentally and socially aware residents, friendly locals, and a relaxed and casual way of living life. The Green Mountain State is a perfect place to live if you are okay with living in a little city or small town.
Is it cheaper to live in NY or VT?
The cost of living in Burlington, VT is -32.3% lower than in New York, NY.Employers in Burlington, VT typically pay -18.1% less than employers in New York, NY.
What is the biggest industry in Vermont?
Vermont’s largest industry, outpatient medical services, generated $1.3 billion in 2016. Meanwhile, Texas’s oil and gas extraction sector generated $137.2 billion in 2016 — more than the entire GDP of Montana, Vermont, and Wyoming combined.
What is the racial makeup of Vermont?
Vermont Demographics
White: 94.16% Two or more races: 2.02% Asian: 1.68% Black or African American: 1.36%
